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Vauxhall: Ellesmere Port plant saved – 700 new jobs created

Vauxhall Ellesmere Port - Saved General Motors is to keep Vauxhall’s Ellesmere Port open, move to three shift working and create 700 new jobs. The overcapacity of mainstream car manufacture in Europe as the market becomes ever more polarised between premium and budget cars – squeezing the middle – means car maker having to rationalise their output. Many thought that could mean the end of Vauxhall’s Ellesmere Port as GM sought to stem its European losses (around £2 billion in the last three years), especially as it is easier to close plants and lay off workers in the UK than in mainland Europe.

Ford slows rate of cash burn in posting $1.4 billion net loss

Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.

A life of Jaguars: a reader's Jaguarography

Way back in the early Sixties, my late father had a series of Jaguar saloons. Firstly there was a 1946 1.5 litre which he bought for £12. To me, at 12 years old, this car was magnificent, so much so, that I wrote to Jaguar at Coventry, telling them so, and in return I received three spiral bound brochures (with tissue interleaves) of their current range.